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Vol 19, No 37 (2025)

Volume 19 Issue 37 2025

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Edited by:

Vitomir Starčević

Vol 19, No 37 (2025):

Novi Ekonomist

Published: 27.06.2025.

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56 DAYS

Median submission to first decision

10 DAYS

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28.05.2025. Review Online First
APPLICATION OF ARTIFICIAL INTELLIGENCE IN CLUSTER ANALYSIS FOR ENHANCING PRODUCTIVITY AND SUSTAINABILITY IN AGRICULTURAL PRODUCTION IN THE REPUBLIC OF SRPSKA

By Mirela Mitrašević, Radomir Bodiroga, Katica Radosavljev, Biljana Chroneos Krasavac

This research investigates how cluster analysis and artificial intelligence (AI) can be used to increase agricultural productivity and sustainability in the Republic of Srpska. More accurate strategic planning and effective resource management were made possible by the identification of particular clusters with comparable traits through the analysis of climatic parameters and the classification of regions. While the use of machine learning techniques allows for more precise forecasting of the effect of climatic conditions on yields, the suggested insurance models, which are based on cluster analysis, have the potential to improve farmers' financial protection. This research emphasizes the necessity of creating customized insurance models that account for particular climatic risks and implementing contemporary technology to enhance the claims resolution procedure. Through these approaches, it is possible to significantly increase the resilience of the agricultural sector to climate change and ensure better financial stability and safer production.

Current issue
27.06.2025. Scientific article
SUBSIDIES FOR SUSTAINABLE AGRICULTURE IN SERBIA AND THE EU: POLICY ANALYSIS AND ITS EFFECTS

By Jadranka Đurović Todorović, Marina Đorđević, Ivana Filipović, Milica Ristić Cakić

27.06.2025. Review
ENHANCING SOCIAL MEDIA AD CAMPAIGNS THROUGH ENSEMBLE-BASED OPTIMIZATION

By Safiye Turgay, Mustafa Kavacık, Yunus Emre Torkul, Muhammed Sercan Şahin, Rabia Ayşe Güzel

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Review
THE CONCEPT OF CLOUD MARKETING

By Mirjana Maksimović, Zvjezdana Gavrilović

Industry 4.0 can be interpreted as a business discipline that has led to the automation and digitalization of business systems thanks to Internet of Тhings, Cyber Physical Systems, Cognitive computing, but also Cloud computing that is crucial to the continuous development of Industry 4.0, because Cloud-based technology connects and centralizes information essential for business, and in addition provides an open source platform that improves research for the entire industry. In order to meet customer needs, different industrial branches apply Cloud computing which allows companies to adapt more easily to ongoing technological innovations. Cloud computing with unlimited networking capabilities enables businesses to optimize their business processes and activate their applications, which provide them with data necessary for business analytics. Additionally, thanks to innovative applications on the Cloud platform, personal adaptation to the individual needs of users is made. All of this has also affected the emergence of Cloud-based marketing, which implies the activity of organizations focused on the digital delivery of products and services tailored to users’ individual needs. This paper analyzes the concept of Cloud marketing and defines Cloud marketing platforms that contribute to the optimization of marketing strategies, and the increase in return on investment.

Review
CREDIT RISK OF SMALL AND MEDIUM-SIZED ENTERPRISES IN THE CONDITIONS OF THE COVID-19 CRISIS

By Miloš Pjanić, Stevan Luković, Mirela Mitrašević

30.12.2024. Scientific article
MONEY LAUNDERING USING CRYPTOCURRENCIES

By Marijana Joksimović, Marija Paunović, Stevica Dedjanski

This paper examines the growing issue of money laundering through cryptocurrencies on a global scale. Criminals use digital assets to launder illicitly obtained funds, converting them into cryptocurrencies to obscure the origins of the money. Unlike traditional financial systems, decentralized finance (DeFi) platforms lack mechanisms to freeze or block funds from suspicious sources, presenting a unique challenge for law enforcement. However, the blockchain underlying cryptocurrencies allows for the tracking of transactions across DeFi protocols, making it possible to trace asset movement, albeit with difficulty due to complex methods criminals use to mix and transfer funds across multiple wallets. The study employs official data from financial institutions between 2019 and 2023, using time-series analysis to forecast money laundering trends under both optimistic and pessimistic scenarios. The paper concludes by highlighting the ongoing efforts by regulatory bodies to strengthen measures aimed at preventing cryptocurrency-related money laundering.

In order to draw adequate conclusions, the data used in the paper are official data from financial institutions relevant to money laundering. The time series used in the paper includes data related to the period from 2016 to 2023 and the forecast model based on optimistic and pessimistic scenarios is constructed.

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